Midnifty Intraday Analysis for 22nd August 2024
Updated
NNIFTY_MID_SELECT
Index closed near 12940 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 10.69 Lakh
12900 Strike – 7.10 Lakh
13000 Strike – 6.70 Lakh
Put Writing
12800 Strike – 9.26 Lakh
12900 Strike – 8.11 Lakh
12700 Strike – 5.51 Lakh
Index has immediate resistance near 13000 - 13100 range and if index crosses and sustain above 13100 level then may reach near 13200.
Index has immediate support near 12750 – 12700 range and if this support is broken then index may tank near 12500 – 12450 range.
Index closed near 12940 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 10.69 Lakh
12900 Strike – 7.10 Lakh
13000 Strike – 6.70 Lakh
Put Writing
12800 Strike – 9.26 Lakh
12900 Strike – 8.11 Lakh
12700 Strike – 5.51 Lakh
Index has immediate resistance near 13000 - 13100 range and if index crosses and sustain above 13100 level then may reach near 13200.
Index has immediate support near 12750 – 12700 range and if this support is broken then index may tank near 12500 – 12450 range.
Trade closed: target reached
Gap up opening and made high near 13100 level with close near 13065.
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